Deutsche Payment Teams up with Token

Deutsche Payment has partnered with Token, an Open Banking enabler for Europe's payments industry.

Deutsche Payment also announced the launch of PayThisWay: a solution for account-to-account payments and Open Banking that enables secure direct payments between accounts. PayThisWay is underpinned by Token's Open Banking platform and connectivity. 

Deutsche Payment's vision is for a cashless society where all consumers can access convenient, secure, and cost-efficient digital payment methods. Payments should constitute a positive touchpoint within the customer journey — not just the completion of a purchase. PayThisWay perfectly matches and represents this vision. Open Banking and account-to-account payments are megatrends of the payment universe, with tremendous growth rates in Germany and Europe.  

(Source: The Paypers)